ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Logistics Viewpoints

JUNE 28, 2024

The company said that it has already replaced 95 percent of the plastic air pillows with paper filler in North America and is working toward complete removal by year’s end. It is the company’s largest plastic packaging reduction effort in North America to date and will remove almost 15 billion plastic air pillows from use annually.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 216

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52

Logistics Viewpoints

JULY 31, 2023

This multinational operates 280 factories and 500 warehouses, that source raw materials from 52,000 suppliers in over 150 countries, processes 25 million customer orders annually, that are then shipped to customers in over 190 nations. It was believed a SCP transformation would reduce inventory, improve service and free up cash flow.

Inventory Reduction 184

Inventory Reduction Supply Chain Planning Software North America Material Savings 184

RFgen

AUGUST 10, 2023

Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. When first implementing digital inventory technology, many organizations consider a warehouse management system (WMS). Ensure proper ordering, inventory planning, and process scalability.

Real-time Visibility 81

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 81

Logistics Viewpoints

FEBRUARY 2, 2024

Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Department of Transportation, which has selected 37 projects to be given funds made available by the Bipartisan Infrastructure Law’s (BIL) Mega Program and the Infrastructure for Rebuilding America (INFRA) Grant Program.

Cost Reduction Strategies 266

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 266

Logistics Viewpoints

JUNE 20, 2022

Goods move through 25 ports of entry into North America and 10 in Europe, the Middle East, and Africa. VF sources many US bound items in Central America; the woeful performance at US ports is still a problem. There will be one view of inventory across the entire distributed network.”. But it affected VF less than many.

Agile and Lean Supply Chain 236

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 236

Logistics Viewpoints

MAY 25, 2021

The airline lobbying group Airlines for America announced in March that its member carriers will all go green by 2050. In many organizations, freight shipping has become static: companies use air cargo because that’s what they’ve always done. This eliminates repositioning empty boxes – quite literally, shipping air.

Supply Chain Planning Software 336

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 336

Freightos

OCTOBER 25, 2023

America weekly prices were level at $4.80/kg America weekly prices increased 1% to $1.71/kg. Reports by many major retailers that inventories are now under control is a positive sign for the possibility of a restocking cycle after the holidays if spending holds up. Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $1,400/FEU.

Asia 177

Asia Europe Price Reduction Freight 177

Supply Chain Shaman

DECEMBER 7, 2023

This follows the recent announcement by the White House Council on Supply Chain Resilience launching 30 proposed actions to strengthen America’s supply chains and the ASCM recent publication on resilience. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience.

Supply Chain Design Software 319

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 319

Logistics Viewpoints

MAY 26, 2023

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S.

Negotiating Skills 227

Negotiating Skills Pricing Training Jordan Purchasing Training 227

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

Negotiating Skills 317

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 317

Freightos

OCTOBER 11, 2023

America weekly prices decreased 2% to $4.65/kg America weekly prices fell 2% to $1.64/kg. Existing inventories by some importers and decisions to order early by others may have contributed to the brief and early peak in August. America East Coast prices decreased 8% to $2,245/FEU, 17% lower than in 2019, with Asia – N.

Israel 156

Israel Asia Europe Price Reduction 156

RFgen

MARCH 20, 2023

Key Takeaways: Inventory control involves the management of products and services across the supply chain, ensuring the right amount of product at the right time. Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Essential to this process is purchasing.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

Logistics Viewpoints

APRIL 10, 2023

For example, pickleball has been the fastest growing sport in America for 3 years. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. They also ship to Amazon to support ecommerce sales. The timing was not great. When she joined, Ms.

Security 222

Security Supply Chain Planning Jordan Forecasting 222

Logistics Viewpoints

APRIL 25, 2024

Some have automated, gateless check-in; some direct the drivers to check in with the shipping office. So, the parking spots are getting more and more occupied with drop trailers, meaning lot capacity shrinks while finding the trailer with the highest-priority inventory becomes even harder. Problem number one: they are all unique.

Expense Reduction 261

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 261

Ware2Go

JUNE 20, 2023

In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates? The World Trade Organization estimates 43 billion tons of goods are shipped each year—due in part to the rising trend of eCommerce.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

Logistics Viewpoints

JULY 22, 2024

The use of RF devices, in combination with the data visibility EWM would improve inventory accuracy. Business operations and system confidence built through this deployment has led NSK Americas supply chain leadership to extend this capability additional warehouses in their US supply chain network and Brazil.

SAP 241

SAP Supply Chain Network Software Procurement Solutions Logistics Network Optimization Software 241

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Retail Sourcing Strategies 92

Logistics Viewpoints

DECEMBER 12, 2022

The Company operates eighteen manufacturing facilities, nine distribution centers located throughout North and Central America. Jonathan Morgan – the Senior Director of S&OP, Demand, and Inventory Planning – explained that for a multibillion-dollar company, Palo Alto has a simple supply chain.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Manufacturing Procurement 222

BlueYonder

AUGUST 17, 2023

What’s the real cost of inaccurate inventory management? IHL Services, a global research and advisory firm, estimates that inventory distortion — the combined cost of lost sales from out-of-stocks, along with the deep discounts required to sell overstocks — will drive a $1.77 trillion problem of inventory distortion.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Optimal Sourcing Purchasing Skills 52

Enterra Insights

AUGUST 5, 2022

.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. ” To make room for new inventory, many of America’s largest retailers are steeply discounting excess goods this summer. … And it’s not just Walmart.”[2]. ”[2].

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

CH Robinson Transportfolio

JULY 19, 2020

Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. As COVID-19 affected businesses around the world, the need for expedited LCL shipping grew significantly. The right level of LCL shipping expertise. Reduced costs.

Material Savings 44

Material Savings Cost Reduction Strategies Inventory Reduction Shipping 44

Logistics Viewpoints

JUNE 26, 2023

Mars Wrigley chose Transplace, now UBER Freight, for North America and a partnership with Maersk/E2Open for ocean freight. For the largest retailers, short shipping results in fines and penalties. “I’ll The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 232

Logistics Viewpoints

JANUARY 12, 2023

” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs. Data on ocean shipments, for example, is generally available across the globe, due primarily to greater standardization in ocean shipping.

Supply Chain Planning Software 215

Supply Chain Planning Software Supply Chain Visibility Supply Chain Design Software Real-time Visibility 215

Logistics Viewpoints

MARCH 27, 2024

MODEX is the leading trade show for supply chain, logistics, and material handling solutions in North America. From autonomous mobile robots (AMRs) to collaborative robots (cobots) to industrial robots, robots are transforming the way goods are moved, stored, picked, packed, and shipped.

Analytics Software 246

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 246

GlobalTranz

JULY 26, 2017

What happens when shippers simply forgo implementing shipping technology, and how can shape their future demise? Shippers Must Weigh In-House Versus Off-the-Shelf Shipping Technology Solutions. The first struggle with implementing shipping technology in an enterprise goes back to considering in-house versus outsourced tech solutions.

Analytics Software 122

Analytics Software Supply Chain Design Software Demand Planning Software Logistics Network Optimization Software 122

Stord

OCTOBER 15, 2024

Analytics for Risk Management This isn't your grandmother's data analysis; we're talking about sophisticated pattern recognition that makes your shipping operation smoother than a freshly waxed surfboard. The rise of porch piracy has become a national crisis, turning doorsteps into crime scenes across America.

Negotiating Skills 78

Negotiating Skills Data Analytics Software Supply Chain Design Software 78

Logistics Viewpoints

MARCH 8, 2021

Belcorp Corporation, headquartered in Peru, manufactures cosmetics and personal care products for women in 14 nations across South and Central America. Additionally, traditionally beauty consultants sold products and the company shipped products to the consultants. In 2018, they implemented a LLamasoft inventory optimization solution.

Supply Chain Design Software 287

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 287

Logistics Viewpoints

DECEMBER 6, 2022

The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. Even consumers find making online returns a pain, having to repack, print shipping labels for and drop off unwanted online purchases. Jorge Lopera is Vice President Latin America & Industry at FarEye.

Reverse Logistics 246

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 246

Logistics Viewpoints

NOVEMBER 30, 2023

In today’s interconnected world, the distribution industry has become increasingly complex and reliant on technology to manage inventory, track shipments, and communicate with suppliers and customers. Why are warehouses and DCs so vulnerable to cyberattacks? It ended up costing TFI about $6 million in quarterly operating revenue.

Warehousing 273

Warehousing Distribution Cost Reduction Strategies Vendor Strategies 273

ShipBob

APRIL 21, 2021

Below we share how eco-friendly shipping can help this cause and some of the ways brands are offsetting their carbon footprint. What is eco-friendly shipping? Global impact of shipping on the environment. The convenience, speed, and ubiquity are what make online shopping and 2-day shipping so appealing.

Shipping 52

Shipping Material Savings Waste Reduction Inventory Reduction 52

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 239

Logistics Viewpoints

MARCH 15, 2023

Retail supply chains are complicated, with factories, container ships, and communication networks spanning thousands of miles across the globe to connect raw materials with end consumers. With these fulfillment types, inventory is now more dispersed, diversified and decentralized.

Inventory Reduction 222

Inventory Reduction Cost Reduction Strategies Material Savings Logistics Network Optimization Software 222

Freightos

JULY 17, 2024

America West Coast and to N. long-haul ships offloading containers at these ports instead of delivering them to their final destination) and an increase in ad hoc port omissions – are also the main causes of congestion. Prices from Asia to N.

Supply Chain Disruption 156

Supply Chain Disruption Supply Chain Strategy Supply Chain Software Resource Reduction 156